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Federal banking regulators will hire 140 new employees in an effort to reassure the public they are well-positioned to deal with a possible increase in bank failures over the next year. The Federal Deposit Insurance Corp. will increase the staff of the Division of Resolution and Receiverships by 60%, most of who would be temporary and based in Dallas.
Links:
[1] http://www.marketwatch.com/news/story/story.aspx?guid={7F7BCC00-E115-44DE-A6E3-6CD4BC965E37}